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Monday, 15 February 10
PVT ENTRY IN COAL MINING TO BE DELAYED
Entry of private players in coal mining will be delayed. Contrary to expectations, the coal ministry will not move in the Budget session a bill that would allow auctioning of coal mines to companies without the restriction of captive use.
The postponement comes in the wake of a decision taken by the PM’s Energy Coordination Committee that the bill should be moved only after a consensus is arrived. The committee had taken the decision after the bill was stalled in the face of stiff opposition from trade unions.
The government had asked a ministerial panel under finance minister’s chairmanship to examine the matter and ordered the Planning Commission to prepare a report. The panel has to make specific recommendations on policy measures on exploration and mining of coal.
But in the Budget season, the bill has taken a back seat. The bill has been hanging fire since 2000 when it was moved in the Rajya Sabha. It was cleared by the standing committee in 2001 but no progress was made in the face of stiff opposition from trade unions. At present, private industries are allowed a role in coal mining only for captive use.
The coal ministry has been proposing to opt for a lumpsum payment route for auctioning coal blocks, instead of royalty and profit-share system being followed in case of handing out oil or gas concessions. The bid amount will be realised in instalments over 10 years. Bidders will be asked to make their offer above the floor price worked out on the basis of the government’s estimate of coal reserves in a block.
On June 20 last year, TOI first reported that the ministry was moving to set up a regulator in six months or so before opening up coal mining to private players through the open bidding system.
Source : Times of India
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Thursday, 28 January 10
COAL - VIETNAM / TRADE
Vietnam expects to turn into a coal importer within three years, spurred by an industrial boom and rising power consumption, a senior executive with ...
Thursday, 28 January 10
JAPAN STEELMAKERS OPPOSE QUARTERLY COAL CONTRACTS
Japanese steelmakers oppose miner BHP Billiton's attempt to switch to quarterly contracts from annual deals for supplying coal, as the change would ...
Thursday, 28 January 10
BHP MAY SELL 25% STAKE IN INDONESIAN COAL PROJECT
BHP Billiton Ltd. plans to sell only a 25 percent stake in a coal project in Indonesia as it wants to retain control of the asset, said Indra Dianna ...
Thursday, 28 January 10
TRANSNET ASPIRES TO 81MT/Y COAL EXPORT CAPACITY
South African State-owned rail transport enterprise Transnet wants to increase coal-line rail capacity to 81-million tons a year as part of its Quan ...
Wednesday, 27 January 10
ASIA'S 2010 STEAM COAL IMPORTS TO REACH 460 MLN T
* China to import up to 100 mln T of steam coal in 2010
* China, India seen investing in southern Africa assets
Asian imports of steam coal will ...
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- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
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- Global Green Power PLC Corporation, Philippines
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
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- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- Dalmia Cement Bharat India
- Bayan Resources Tbk. - Indonesia
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- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Ceylon Electricity Board - Sri Lanka
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
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- Global Coal Blending Company Limited - Australia
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- Global Business Power Corporation, Philippines
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- Electricity Authority, New Zealand
- Eastern Coal Council - USA
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- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
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- The University of Queensland
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- Independent Power Producers Association of India
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- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
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- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tata Chemicals Ltd - India
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- Bhoruka Overseas - Indonesia
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Parliament of New Zealand
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- PNOC Exploration Corporation - Philippines
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- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
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- Mintek Dendrill Indonesia
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- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Grasim Industreis Ltd - India
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- Orica Australia Pty. Ltd.
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- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Merrill Lynch Commodities Europe
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- Kepco SPC Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Medco Energi Mining Internasional
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- IHS Mccloskey Coal Group - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Mercator Lines Limited - India
- Power Finance Corporation Ltd., India
- Edison Trading Spa - Italy
- Minerals Council of Australia
- AsiaOL BioFuels Corp., Philippines
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Posco Energy - South Korea
- Binh Thuan Hamico - Vietnam
- Port Waratah Coal Services - Australia
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- Interocean Group of Companies - India
- Tamil Nadu electricity Board
- Samtan Co., Ltd - South Korea
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- Indian Energy Exchange, India
- PTC India Limited - India
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- ASAPP Information Group - India
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- Neyveli Lignite Corporation Ltd, - India
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- Aditya Birla Group - India
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- Simpson Spence & Young - Indonesia
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
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- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
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- ICICI Bank Limited - India
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